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the fiscal cliff. we know the president is headed back to washington early tomorrow morning to try to deal with the talks. market not that happy. >> time now 8:43. let's get you updated on the top stories. four people were taken to the hospital after a family christmas party in alameda ended in a stabbing. an argument between two sisters be he came violent when one grabbed a knife and stabbed the other. during it three others were hurt. the sister was later arrested. >>> at least six deaths blamed on the weather sweeping through the south. right now several states from arkansas to kentucky are under blizzardings. >>> the president and congress will try one more time to reach a deal before falling off the fiscal cliff. the president will cut his vacation short. >> happening now bargin hunters out looking for a day after christmas sale. we are live at the valley fair mall to tell us about those deals. >> reporter: hi. if you have something to return or you need to use a gift card it's a good time to come. there are plenty of spots where you can park and i just walked inside in to the mall
showed you, the senate is back in session. they are hoping to strike a deal and avoid the fiscal cliff. we are in washington where some republicans are pessimistic an agreement can be reached. >> reporter: the senate majority leader is on the floor right now. we will take a live look at the capitol. he is trying to get republican support for the latest democratic plan. they got back to work about 15 minutes ago and are considering the president's offer to raise taxes on households making $400,000 or more a year. even if it passes the senate he is concerned about the house where he will need about 30 republicans to cross party lines. the house speaker said he is not making members of the house come back from their break without a 48 hour notice on a vote. in the last -- >> american people i don't think understand the house is operating without the house of house. its being operated with a dictatorship of the speaker. >> reporter: on top of this the treasurey department said the united states will hit its debt ceiling on monday and unless it takes extraordinary measures the country cou
lawmakers are running out of time to reach a deal on the so-called fiscal cliff. senate leaders are working on a last-ditch bipartisan agreement. they hope to vote on it as soon as tomorrow, possibly monday. both houses of congress will reconvene tomorrow. the main sticking point remains tax increases on the wealthy. while some republicans suggest raising taxes for those earning at least a million, president obama and democrats want increases on anyone making more than $250,000 a year. >> we just can't afford a politically self-inflicted wound to our economy. the economy is growing, but keeping it that way means that the folks you sent to washington have to do their jobs. >> in this morning's weekly address, the president says congress must meet the new year's deadline and pass a balanced plan that offers middle class tax cuts and reduces spending in a responsible manner. >> the president's proposal to raise taxes on the top 2% of americans won't even pay one third of the annual interest that's now owed on this massive $16 trillion debt. >> missouri senator roy blunt delivered the gop weekl
or else the country will go over the fiscal cliff. >>> there is a new dairy cliff bill. leaders in the house and senate agriculture committees agree to a one-year extension of the expiring farm bill. so far, no house vote is scheduled. if this bill is not passed, the price of milk could double next month. some estimate that a gallon of milk could go up to $8 a gallon. >>> 8:16. today, a second volunteer firefighter who was shot and killed in upstate new york will be laid to rest. [bagpipes] >> yesterday, hundreds of police officers paid their respects to michael chippairini. investigators say he and tomasz were shot after someone shom them responding a fire. >>> a car crashed into a funeral home at the wyemoth funeral brothers. it was just about a funeral was about to get underway. police say it appears two teens were racing when they lost control and crashed their car into the building. >> literally, five seconds after i entered the side rule -- side room, we saw the car careen into the building. >> the teens were taken to the hospital with serious injuries. a 66-year-old man i
Search Results 0 to 3 of about 4